Microsoft (NASDAQ:MSFT) is betting big on Nokia's handset business as the future savior, hoping its recent acquisition will help it establish a material presence in the smartphone space that's eluded the tech giant thus far.
This quarter, the rubber was supposed to hit the road for Microsoft and Nokia as the $7.2 billion acquisition was set to close during the period.
With Microsoft set to become its sole benefactor, why has word spread that Nokia is planning to release a smartphone based on Google's (NASDAQ:GOOGL) Android mobile OS?
Nokia in bed with the enemy?
Although Nokia has had an Android-based handset in the works, few thought it would ever see the light of day.
However, word has leaked that Nokia, in fact, is planning to launch a device powered by Google's nearly ubiquitous mobile OS at the Mobile World Congress later this month. So what does this say about the future of the Nokia-Microsoft relationship? Has it failed before it ever really had a chance to take off?
Not necessarily argues tech and telecom analyst Andrew Tonner, who argues that the move actually makes plenty of sense in the video below.
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Andrew Tonner has no position in any stocks mentioned. The Motley Fool recommends Google. The Motley Fool owns shares of Google and Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.